Business Daily from THE HINDU group of publications
Tuesday, Jul 28, 2009
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Business Daily from THE HINDU group of publications Tuesday, Jul 28, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Trade & Labour Unions States - Tamil Nadu Hyundai mulls lock-out at Chennai plant T. Murrali Chennai, July 27 Hyundai Motor India Ltd (HMIL) is mulling lock out of its plant at Sriperumbudur, near Chennai, since the talks between the company and the 300-odd striking technicians reached a stalemate on Monday evening. Mr Rajiv Mitra, Head, Corporation Communications, HMIL, told Business Line that the lock-out is “an extreme possibility”. While the company is not inclined towards the step, it may be forced to it because it perceives a threat of sabotage. The company signed an agreement last week with a Workers’ Committee, constituted after elections held among the technicians in August 2007, which gave the workers a wage increase of 21-24 per cent over three years, from April 1, 2009. The increase works out to Rs 8,280 a month. However, about 300 technicians are not satisfied with it and have been protesting with a sit-down strike. On Saturday HMIL’s Managing Director, Mr H.S. Lheem had told journalists that he was confident the workers would accept the agreement. He also said that there had not been a major loss in production because of the agitation. Against a planned production target of 32,660 cars, the company had so far produced this month 31,647 cars – representing 96.3 per cent productivity. Of the 1,960 cars targeted to be produced on Friday, the company churned out 1,404 – or 71.6 per cent of the target. Hyundai may shift i20 production to Europe 300 Hyundai technicians on strike, demand recognition More Stories on : Trade & Labour Unions | Cars | Tamil Nadu
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